Continuing Education for Tax Professionals

Claremont, CA, US

14 members · Public group

What we’re about

Welcome tax professionals! This Meetup group is designed for individuals who are passionate about staying up-to-date on the latest tax laws, regulations, and practices. Whether you are a tax accountant, enrolled agent, tax attorney, or in another tax-related profession, this group is for you. Join us to network with fellow professionals, attend educational events, and share insights on tax planning strategies. Let's come together to learn, grow, and support each other in our continuous pursuit of excellence in the field of taxation. Let's excel together!

Featured event

Understanding Balance Sheets & Form 1120S Schedules L, M-1, M-2-

Wed, Oct 22 · 6:00 PM PDT

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Online

Understanding Balance Sheets & Form 1120S Schedules L, M-1, M-2-

Online

Online Meeting via Zoom
This will be Zoom Meeting. Once you register and pay, the Zoom link will be provided for you to log in at the designated meeting time. Zoom requires registration before entering the meeting.
Description:
By the end of this session, participants will have a practical understanding of balance sheet preparation, and tax reporting for corporations, including the specifics for S Corporations. They will be equipped with the necessary skills to construct and reconcile balance sheets, and prepare Schedule M-1, including an understanding of various adjustments accounts and income/loss reconciliation.
Learning Objectives:
*Understand how the balance sheet aids in return preparation for business
*Learn how the balance sheet can help in accurate preparation of business tax returns
*Enhance knowledge of how business transactions affect tax reporting
*Understand the implications of these transactions for tax reporting
*Develop skills necessary to construct an opening and closing balance sheet